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Plasm Network

Lockdrop Guidelines

and Best Practices

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We are excited to work with you to make this lockdrop a huge success.

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Here are the best practices based on our experiences.

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Recommendation……………………………………………...2

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When………….………………………………………………...4

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Best Practices………………………………………………….6

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How to…………………….…………………………………….7

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FAQs…………...………………………………………………12

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We recommend joining the mainnet lockdrop after reading this documentation.

Recommendation

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Please check this article.

Recommendation [Update: 09/01]

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We are going to start the 2nd lockdrop

from August 31st to September 29th

When

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Tutorial

https://medium.com/stake-technologies/how-to-withdraw-your-locked-eth-and-get-pld-step-by-step-guide-for-beginners-627d2bb1ad66

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Before joining the mainnet lockdrop,

we recommend joining the testnet lockdrop.

Test Lockdrop

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  • There was a Phishing scam. Please make sure the contract address is the same when you send ETH

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  • [Update] You don’t need to use your private key anymore. The team has implemented a solution without your private key. Please check out the （P9）�
  • You have to claim your PLM by October 5th, 2020. If you miss this opportunity, you will not be able to claim again. (P8)

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Best Practice

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  1. Visit https://lockdrop.plasmnet.io/#/lock-form�
  2. Click ETH Lock in the Second Lockdrop Section.�
  3. Select your lock amount and lock duration.�
  4. And submit the transaction.

How to Join the Main Lockdrop

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You can claim PLM tokens immediately after locking ETH/BTC.

※Your transaction must be finalized on Ethereum/Bitcoin.

  • Click the Real-time Lockdrop Status�
  • Check out the status and claim PLM tokens�by following these steps.

You can claim once the ✓ becomes blue.

PLMs was successfully distributed to your Plasm address.

※The pictures below are the Dusty’s claim process, but the mainnet has the same process to the Dusty

Claim

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Claim [New]

One of the community member wrote this article. (PDF) Please check out the Route2 so that you don’t need to use your private kay.

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And this is the official guide written by the core dev.

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Now, PLM tokens have been claimed and distributed to your Ethereum �private key. To use your PLMs, you need to make a Plasm account from�your Ethereum private key.

※Stake Technologies got a grant from Web3 Foundation to make �this function, creating a Plasm public key from the Ethereum private key.

Claim [Old]

  1. Visit this web page: https://dapps.plasmnet.io/#/accounts�
  2. Create your Plasm account with your Ethereum key�
  3. Get PLMs

0x + Your Ethereum Private Key

ECDSA (BTC/ETH compatible)

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  1. Click the “UNLOCK TOKENS” button.�
  2. Then, you can check the status of your locked tokens.������
  3. Click the unlockable button

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Unlockable

Already withdrawn

Still

locked

Withdrawal

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Where is the audit report?

→ ETH lockdrop audit by Quantstamp

→ BTC lockdrop audit by Quantstamp (Coming Soon)

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Importing Ethereum private key is secure?

→ Check out the page 6 (Best Practice)

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Why did you take this approach?

→ Obviously, Ethereum is a different platform from Polkadot. But, we invented a way to make a Polkadot address from an Ethereum private key. This means that you will be able to handle PLM tokens just like ETH.

FAQs

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Question?

Feel free to reach out to us on Telegram